CAIIB · RB · Chapter 18

Role of Banking - Emerging Trends in Rural Banking

Chapter notes, video classes, MCQ practice tests and quick-revision one-liners for Rural Banking (Elective) — CAIIB.

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Q

1951-52 — Institution / Initiative / Purpose?

A

Institution / Initiative: All-India Rural Credit Survey; Purpose: First nationwide rural-credit baseline.

Q

1955 — Institution / Initiative / Purpose?

A

Institution / Initiative: SBI Act — State Bank of India formed; Purpose: Extension of banking facilities, particularly in rural and semi-urban areas.

Q

1969 — Institution / Initiative / Purpose?

A

Institution / Initiative: First Bank Nationalisation — 14 major commercial banks; Purpose: "Control of the commanding heights of the economy"; rural focus.

Q

1975 — Institution / Initiative / Purpose?

A

Institution / Initiative: Regional Rural Banks (RRBs) — Narasimham Committee; Purpose: Equity by Centre (50%) + Sponsor Bank (35%) + State Govt (15%).

Q

1980 — Institution / Initiative / Purpose?

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Institution / Initiative: Second Bank Nationalisation — 6 more banks; Purpose: Deepen rural reach.

Q

1982 — Institution / Initiative / Purpose?

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Institution / Initiative: NABARD — established by Act of 1981; Purpose: Apex DFI for agriculture and rural development.

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1989 — Institution / Initiative / Purpose?

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Institution / Initiative: Service Area Approach (SAA) + Lead Bank Scheme refinements; Purpose: Each rural branch assigned ~15-25 villages.

Q

1989-90 — Institution / Initiative / Purpose?

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Institution / Initiative: SHG-Bank Linkage Programme; Purpose: Pilot by NABARD with MYRADA.

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